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The Armada Portrait of Queen Elizabeth I on display on May 23, 2016 in London, England.

A rare 16th century portrait of Queen Elizabeth I will become public property after a donations appeal raised 10 million pounds ($13 million) to keep it in Britain.

The "Armada Portrait" commemorates England's 1588 triumph over an invading Spanish armada. It shows the queen in a bejeweled dress with her hand resting on a globe. Behind her, the Spanish fleet is wrecked in a storm.

The painting — one of three copies to survive by an unknown artist — was owned by descendants of sailor Francis Drake, who decided to sell it.

The appeal drew 1.5 million pounds in public donations, and millions more from charities and arts funds.